Machines are making more decisions at giant hedge fund
AQR Capital Management is letting machines play an even bigger role across the $109 billion quant powerhouse, says co-founder Cliff Asness.
Jun 27, 2024
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News tagged with funding
Business
Exploring the impact of AI on socioeconomic inequalities
An interdisciplinary review of how generative artificial intelligence (AI) may change work, education, health care, information, and misinformation focuses on the technology's potential impacts on social equality.
Jun 12, 2024
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Amazon adds $1.4 billion to affordable housing fund for regions where it has corporate offices
Amazon is adding $1.4 billion to a fund it established three years ago for preserving or building more affordable housing in regions where the company has major corporate offices, CEO Andy Jassy announced Tuesday.
Jun 12, 2024
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African tech startups cater to continent's needs
African startups, addressing overlooked needs, are putting the spotlight on a burgeoning tech scene, despite challenges like inequality and limited digitalization.
May 31, 2024
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Guinea-Bissau uses blockchain to manage public finances: IMF
Guinea-Bissau has launched a blockchain platform to manage civil servants' salaries and boost transparency in the corruption-plagued country, the International Monetary Fund (IMF) said Wednesday.
May 29, 2024
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China invests $47 billion in largest ever chip fund
China has poured more than $47 billion into the country's largest-ever chip investment fund, a business database showed on Monday, as Beijing seeks self-sufficiency in the crucial semiconductor manufacturing sector.
May 27, 2024
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German AI translation start-up DeepL valued at $2 bn
The German translation firm DeepL said Wednesday that it had attracted $300 million of investment in a deal valuing it at $2 billion, as interest surges in generative artificial intelligence tools.
May 22, 2024
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What environmental equality in Africa really looks like
The just energy transition is meant to be an equal, democratic process where the world gradually moves toward lower carbon technology. Green technologies are reliant on minerals such as cobalt and lithium that are abundant ...
May 22, 2024
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Business
Parent company of Trump's Truth Social posts $328 mln loss
Trump Media and Technology Group, which owns former US president Donald Trump's social media platform Truth Social, lost more than $300 million in the first quarter of 2024, it said Monday.
May 21, 2024
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Q&A: Technology roadmapping in teaching and industry
Innovation is rarely accidental. Behind every new invention and product, including the device you are using to read this story, is years of research, investment, and planning. Organizations that want to reach these milestones ...
May 15, 2024
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Funding
Funding or financing is to provide capital (funds), which means money for a project, a person, a business or any other private or public institutions.
Those funds can be allocated for either short term or long term purposes. The health fund is a new way of funding private healthcare centers.
This text uses material from Wikipedia, licensed under CC BY-SA
